Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market dynamics amid a closely watched earnings season.
Investors found some solace in the solid earnings performance of the flagship tech giants such as Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL).
Photo Credit: Markus Trienke via Flickr Creative Commons
Interest is growing, but taste and texture remain issues for consumers
Hedge fund manager Whitney Tilson at T2 Partners warned this week that stocks might not have a big upward catalyst from here. Still, he sees long-term value.
Every single US equity ETF except for Consumer Staples (XLP) posted a gain last week, with the S&P 600 Smallcap Growth ETF (IJT) up the most at +2.79%.
Americans think gold is the best long-term investment — a reflection the very low opinion of the bond market, and perhaps an improving one for housing.
